Get the app →
BriefTea logoBriefTea

Every story in sixty words

Get the free app no ads · no paywall

Business · 28 July 2026

GSK cutting back-office jobs to fund £400m Cambridge research campus

GSK cutting back-office jobs to fund £400m Cambridge research campus

Yenny.martinez.orjuela via Wikimedia Commons (CC-Zero)

The new 300,000 square foot Cambridge site will house more than 1,000 scientists as GSK shifts its research and development base from Stevenage by 2029. Chief executive Luke Miels also plans to double phase-three drug trials from 10 to 20 this year. Back-office and general medicine roles are expected to be cut to help pay for the investment.

Reported by City AM · How we write briefs

More briefs

BusinessLockheed Martin may build UK's new £2bn Skynet satellites BusinessKFC dropping Pepsi for Coca-Cola in all US restaurants by early 2027 BusinessSome Anthropic investors reportedly eye $1.5tn valuation, down from the $2tn expected BusinessLondon's top shares reach a seven-week high as investors buy safer British businesses BusinessThames Water needs £2.4B more to avoid government takeover BusinessBritish pound rises against the dollar after the UK economy unexpectedly grows More business stories → Browse all stories →